Oscars Underway, Ellen DeGeneres Hosts

Oscars Underway, Ellen DeGeneres Hosts
(Hollywood, CA) -- The 86th Academy Awards are under way in Hollywood. Ellen DeGeneres opened the show recalling how things have changed - but not really - since the last time she hosted the Oscars.
"American Hustle" and "Gravity" lead the crowded field of Best Picture nominees this year with ten overall nominations each. ABC is televising the Oscars live from the Dolby Theater in Hollywood.